Director/PDMR Shareholding
Legal & general group plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
On 24 April 2019 the Company received notification that restricted shares awarded on 21 April 2016 had vested on 21 April 2019 and been released under the terms of the Legal & General Group 2010 Share Bonus Plan (SBP) and Legal & General Group 2009 Company Share Option Plan (CSOP), in respect of the Directors and PDMRs named below.
The following notifications made in accordance with articles 19.1 and 19.3 of the Market Abuse Regulation relates to the SBP and CSOP awards.
|
Name |
Director/ PDMR |
Number of shares awarded on 21 April 2016 |
Number of shares vested on 21 April 2019 |
Shares sold at a share price of £2.912
|
Shares retained by individual |
|
|
Nigel Wilson |
Director |
271,950 |
271,950 |
271,950 |
0 |
|
|
Mark Zinkula |
Director |
224,141 |
224,141 |
224,141 |
0 |
|
|
Cheryl Agius |
PDMR |
10,798 |
10,798 |
10,798 |
0 |
|
|
Cheryl Agius |
PDMR |
8,741 |
8,741 |
8741 |
0 |
|
|
Stephen Licence |
PDMR |
12,340 |
12,340 |
12,340 |
0 |
|
|
Stephen Licence |
PDMR |
6,068 |
6,068 |
6,068 |
0 |
|
|
Bernard Hickman |
PDMR |
23,138 |
23,138 |
23,138 |
0 |
|
|
John Godfrey |
PDMR |
13,883 |
13,883 |
6,526 |
7,357 |
|
|
Laura Mason |
PDMR |
37,535 |
37,535 |
17,642 |
19,893 |
|
|
Kerrigan Procter |
Director |
98,357 |
98,357 |
46,228 |
52,129 |
|
|
Geoffrey Timms |
PDMR |
29,566
|
29,566
|
13,897
|
15,669
|
|
|
Christopher Knight |
PDMR |
26,223
|
26,223
|
12,325
|
13,898
|
|
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Nigel Wilson |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Group Chief Executive Officer/ Director |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 271,950 shares 2. Sale of 271,950 shares.
|
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume(s) |
|
|
1. £0.00 |
1. 271,950 |
|||
|
2. £2.912 |
2. 271,950 |
|||
|
d) |
Aggregated information - Aggregated volume - Price |
1 Price |
1 Volume |
1. Total |
|
1 £0.00 |
1 271,950 |
1 0.00 |
||
|
|
|
|
||
|
2 Price |
2 Volume |
2. Total |
||
|
2 £2.912 |
2 271,950 |
2.£791,918.40 |
||
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Mark Zinkula |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Chief Executive Officer, Legal & General Investment Management Limited/Director |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 224,141 shares 2. Sale of 224,141 shares |
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume |
|
|
1. £0.00 |
1. 224,141 |
|||
|
2. £2.912 |
2. 224,141 |
|||
|
d) |
Aggregated information - Aggregated volume - Price |
1 Price |
1 Volume |
1 Total |
|
1 £0.00 |
1 224,141 |
1 0.00 |
||
|
|
|
|
||
|
2 Price |
2 Volume |
2 Total |
||
|
2 £2.912 |
2 224,141 |
2. £652,698.592 |
||
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Cheryl Agius |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Chief Executive Officer, General Insurance/PDMR |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 8,741 shares 2. Sale of 8,741 shares. 3. Exercise of CSOP Award of options over 10,798 options 4. Sale of 10,798 shares.
|
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume(s) |
|
|
1. £0.00 |
1. 8,741 |
|||
|
2. £2.912 |
2. 8,741 |
|||
|
|
|
3. £2.431 |
3. 10,798 |
|
|
|
|
4. £2.912 |
4. 10,798 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
1 Price |
1 Volume |
3. Total |
|
1 £0.00 |
1 8,741 |
1 £0.00 |
||
|
2 Price |
2 Volume |
4. Total |
||
|
2 £2.912 |
2 8,741 |
2 £25,453.792 |
||
|
3 Price |
3 Volume |
5. Total |
||
|
|
|
3 £2.431 |
3 10,798 |
3 £26,249.938 |
|
|
|
4 Price |
4 Volume |
6. Total |
|
|
|
4 £2.912 |
4 10,798 |
4 £31,443.776 |
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Stephen Licence |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Group Chief Internal Auditor/PDMR |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 6,068 shares 2. Sale of 6,068 shares. 3. Exercise of CSOP Award of options over 12,340 options 4. Sale of 12,340 shares.
|
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume(s) |
|
|
1. £0.00 |
1. 6,068 |
|||
|
2. £2.912 |
2. 6,068 |
|||
|
|
|
3. £2.431 |
3. 12,340 |
|
|
|
|
4. £2.912 |
4. 12,340 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
1 Price |
1 Volume |
7. Total |
|
1 £0.00 |
1 6,068 |
1 £0.00 |
||
|
2 Price |
2 Volume |
8. Total |
||
|
2 £2.912 |
2 6,068 |
2 £17,670.016 |
||
|
3 Price |
3 Volume |
9. Total |
||
|
|
|
3 £2.431 |
3 12,340 |
3 £29,998.54 |
|
|
|
4 Price |
4 Volume |
10. Total |
|
|
|
4 £2.912 |
4 12,340 |
4 £35,934.08 |
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Bernard Hickman |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Chief Executive Officer, Legal & General Insurance/PDMR |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 23,138 shares. 2. Sale of 23,138 shares.
|
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume |
|
|
1. £0.00 |
1. 23,138 |
|||
|
2. £2.912 |
2. 23,138 |
|||
|
d) |
Aggregated information - Aggregated volume - Price |
1 Price |
1 Volume |
1 Total |
|
1 £0.00 |
1 23,138 |
1 £0.00 |
||
|
|
|
|
||
|
2 Price |
2 Volume |
2 Total |
||
|
2 £2.912 |
2 23,138 |
2. £67,377.856 |
||
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
John Godfrey |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Corporate Affairs Director/PDMR |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 13,883 shares. 2. Sale of 6,526 shares to cover tax and social security. The balance of 7,357 shares retained.
|
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume |
|
|
1. £0.00 |
1. 13,883 |
|||
|
2. £2.912 |
2. 6,526 |
|||
|
d) |
Aggregated information - Aggregated volume - Price |
1 Price |
1 Volume |
1 Total |
|
1 £0.00 |
1 13,883 |
1 £0.00 |
||
|
|
|
|
||
|
2 Price |
2 Volume |
2 Total |
||
|
2 £2.912 |
2 6,526 |
2. £19,003.712 |
||
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Laura Mason |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Chief Executive Officer, Legal & General Retirement, Institutional/PDMR |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 37,535 shares 2. Sale of 17,642 shares to cover tax and social security. The balance of 19,893 shares retained. |
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume |
|
|
1. £0.00 |
1. 37,535 |
|||
|
2. £2.912 |
1. 17,642 |
|||
|
d) |
Aggregated information - Aggregated volume
- Price |
1 Price |
1 Volume |
1 Total |
|
1 £0.00 |
1 37,535 |
1 0.00 |
||
|
|
|
|
||
|
2 Price |
2 Volume |
2 Total |
||
|
2 £2.912 |
2 17,642 |
2 51,373.504 |
||
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Kerrigan Procter |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Chief Executive Officer, Legal & General Capital/Director |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 98,357 shares 2. Sale of 46,228 shares to cover tax and social security. The balance of 52,129 shares retained. |
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume(s) |
|
|
1. £0.00 |
1. 98,357 |
|||
|
2. £2.912 |
2. 46,228 |
|||
|
d) |
Aggregated information - Aggregated volume
- Price |
1 Price |
1 Volume |
1. Total |
|
1 £0.00 |
1 98,357 |
1 £0.00 |
||
|
|
|
|
||
|
2 Price |
2 Volume |
2. Total |
||
|
2 £2.912 |
2. 46,228 |
2 £134,615.936 |
||
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Geoffrey Timms |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Group General Counsel and Company Secretary/PDMR |
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 29,566 shares 2. Sale of 13,897 shares to cover tax and social security. The balance of 15,669 shares retained. |
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume |
|
|
1. £0.00 |
1. 29,566 |
|||
|
2. £2.912 |
2. 13,897 |
|||
|
d) |
Aggregated information - Aggregated volume
- Price |
1 Price |
1 Volume |
1 Total |
|
1 £0.00 |
1 13,897 |
1 0.00 |
||
|
|
|
|
||
|
2 Price |
2 Volume |
2 Total |
||
|
2 £2.912 |
2 13,897 |
2 £40,468.064 |
||
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||
|
a) |
Name |
Christopher Knight |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Chief Executive Officer, Legal & General Retirement, Retail/PDMR
|
||
|
b) |
Initial notification/Amendment |
Initial Notification |
||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
Legal & General Group Plc |
||
|
b) |
LEI |
213800JH9QQWHLO99821 |
||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.025 each, with voting rights attached GB0005603997 |
||
|
b) |
Nature of transaction |
1. Exercise of SBP Award of options over 26,223 shares 2. Sale of 12,325 shares to cover tax and social security. The balance of 13,898 shares retained. |
||
|
c)
|
Price(s) and volume(s)
|
Price(s) |
Volume |
|
|
1. £0.00 |
1. 26,223 |
|||
|
2. £2.912 |
2. 12,325 |
|||
|
d) |
Aggregated information - Aggregated volume
- Price |
1 Price |
1 Volume |
1 Total |
|
1 £0.00 |
1 26,223 |
1 £0.00 |
||
|
|
|
|
||
|
2 Price |
2 Volume |
2 Total |
||
|
2 £2.912 |
2 12,325 |
2 £35,890.40 |
||
|
e) |
Date of the transaction |
21 April 2019 |
||
|
f) |
Place of the transaction |
London Stock Exchange, XLON |
||
24 April 2019
Daniella Newson
Assistant Company Secretary
Legal & General Group Plc
Tel: 0203 124 2107
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